IFS Expands Local Ownership with Strategic Partnership in Zambia
International Facilities Services (IFS) is proud to announce a new strategic partnership with Albezia Management Services, an investment vehicle founded by Monica Musonda and Victor Sodala. This collaboration underscores our commitment to fostering local ownership, enhancing service delivery, and strengthening our Environmental, Social, and Governance (ESG) initiatives in Zambia.
Acknowledging Our Outgoing Partner
As we welcome this new chapter, we would like to express our sincere gratitude to Brenda Omba Lacey Kayumba, whose leadership and dedication has played a pivotal role in the growth and success of IFS Zambia. Omba has been instrumental in shaping our commitment to local ownership and ensuring that IFS remains a trusted partner in the industry. Her contributions have left a lasting impact, and we deeply appreciate her efforts in driving our mission forward.
About Our New Partners
Monica Musonda is a highly accomplished corporate lawyer turned entrepreneur with extensive experience in corporate finance, regulatory affairs, and private equity. Having held senior positions at Dangote Group, the International Finance Corporation, and Clifford Chance, Monica has a deep understanding of African markets and a strong track record in business development and investment. As the founder of Java Foods and a board member of several leading companies, she is a champion of women’s economic empowerment and sustainable business practices.
Victor Sodala is an experienced investment professional specializing in capital markets, property development, and financial strategy. As the Director of Pylos Zambia, he has played a pivotal role in commercial real estate development and investment, focusing on emerging opportunities in Zambia. With a background in asset management and financial services across sub-Saharan Africa, Victor brings a wealth of experience in structuring and executing large-scale investment projects.
Strengthening Local Ownership and ESG Commitments
At IFS, we are committed to ensuring that procurement and staffing are 100% locally driven. Our approach empowers local businesses, creates job opportunities, and drives sustainable development, ensuring that our operations make a lasting impact on the communities where we work.
We take ESG seriously. Our policies emphasize responsible and ethical business practices, ensuring that we operate sustainably while supporting local economies. Through our Corporate Social Involvement (CSI) initiatives, we invest in skills development, local supplier integration, and community upliftment projects that improve the well-being of our people.
What This Means for Our Future
The partnership with Albezia Management Services is a major step forward for IFS Zambia. Monica and Victor’s leadership will help us drive innovation, improve operational efficiency, and expand our presence, all while reinforcing our dedication to local ownership and sustainable business growth.
IFS remains committed to building strong, locally focused partnerships that support economic development and set the benchmark for excellence in facilities management across Africa.